Best Buy's Chairman Emeritus Sells 300,000 Shares for $27.8 Million as the Stock Soars

Best Buy's Chairman Emeritus Sells 300,000 Shares for $27.8 Million as the Stock Soars

Key PointsThe Chairman Emeritus disposed of 600,000 shares (300,000 sold and 300,000 gifted) on September 16, 2026.The transaction was executed entirely through indirect entities, including a revocable trust, with Schulze retaining ~11.3 million shares indirectly.The activity represents a focused liquidity event for the founder, who maintains a 5.0% ownership interest in the company.10 stocks we like better than Best Buy › Richard M. Schulze, Ch…

Best Buy (NYSE:BBY) Chairman Sells 300,000 Shares of Stock

Best Buy Co., Inc. (NYSE:BBY – Get Free Report) Chairman Richard Schulze sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $92.51, for a total transaction of $27,753,000.00. The sale was disclosed in a filing with the Securities & […]